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Delek US Announces 2023 Capital Program, Sees $202M Total Budget For Refining Segment, $81M For Logistic Segment, $31M For Retail Segment, $36M Corporate Segment

Today Delek US Holdings, Inc. (NYSE:DK) announced the 2023 capital spending budget of approximately $350 million on a consolidated basis. Growth capital is largely allocated toward expanding the gathering
byMichael Horton
January 4, 2023
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Today Delek US Holdings, Inc. (NYSE:DK) announced the 2023 capital spending budget of approximately $350 million on a consolidated basis. Growth capital is largely allocated toward expanding the gathering business in the Permian basin. Sustaining capital includes a planned turnaround at the Tyler Refinery in the first half of 2023.  

The table below provides a breakdown of spending by segment as well as growth versus maintenance and regulatory spending.

Delek US – Capital Spending

  
         

($ in millions)

  

2023 Budget

  
         

Refining Segment

      
 

Regulatory

  

$                       21

  
 

Maintenance/Reliability/Sustaining

  

$                     176

  
 

Growth

  

$                         5

  
 

Total 

  

$                     202

  
         

Logistic Segment

      
 

Regulatory

  

$                       13

  
 

Maintenance/Reliability/Sustaining

  

$                         2

  
 

Growth

  

$                       66

  
 

Total 

  

$                       81

  
         

Retail Segment

      
 

Regulatory

  

$                          –

  
 

Maintenance/Reliability/Sustaining

  

$                       27

  
 

Growth

  

$                         4

  
 

Total 

  

$                       31

  
         

Corporate/Other

      
 

Regulatory

  

$                         1

  
 

Maintenance/Reliability/Sustaining

  

$                       33

  
 

Growth

  

$                         2

  
 

Total 

  

$                       36

  
         

Consolidated

      
 

Regulatory

  

$                       35

  
 

Maintenance/Reliability/Sustaining

  

$                     238

  
 

Growth

  

$                       77

  
 

Total 

  

$                     350

  
         
 
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